Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 26, 2024

Our House Company has a current ratio of 2.4 and a quick ratio of 1.45. If Our House has current liabilities of $500, what is

Our House Company has a current ratio of 2.4 and a quick ratio of 1.45. If Our House has current liabilities of $500, what is Our House's inventory?

Multiple Choice

475
-725
828
-1200

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Bond Portfolio Management

Authors: Frank J. Fabozzi, Lionel Martellini, Philippe Priaulet

1st Edition

0471678902, 9780471678908

More Books

Students also viewed these Finance questions

Question

★★★★★

Suppose that a G protein undergoes a mutation that allows the exchange of bound GTP for GDP to occur in the absence of G protein binding to a receptor. How might this mutation aect signaling...

Answered: 1 week ago

Question

★★★★★

3. Sour Dough Bakery stocks fresh-baked bread that costs the store 74 per loaf. The bread is sold for $1.39 a loaf on the day it is baked and for 59 a loaf if it remains at the end of that day. All...

Answered: 1 week ago

Question

★★★★★

12.50 Drew Brees, continued Refer to Exercise 12.49. a. Estimate the average number of passing yards for games in which Brees throws 20 completed passes using a 95% confidence interval. b. Predict...

Answered: 1 week ago

Question

★★★★★

Valmont, Inc., experienced the following events in 2012, in its first year of operation. 1. Received $20,000 cash from the issue of common stock. 2. Performed services on account for $50,000. 3. Paid...

Answered: 1 week ago

Question

★★★★★

Define a class named Student with the following attributes: name, student _ id , and grade. The Student class should also have the following methods: a . init ( self , name, student _ id , grade ) :...

Answered: 1 week ago

Question

★★★★★

Which of the following is not a financhal statement? Statemint of Cask Flown Statement of Changess in Astiets. Balarice Sheet All of the above ore financial statements Income Statement

Answered: 1 week ago

Question

★★★★★

This is a "critical thinking" Partnership project. Perform some Internet research and read about the Diffusion of Innovation (Rogers, 1962) and the 5 types of Human Adopter Groups that must be...

Answered: 1 week ago

Question

★★★★★

Based on the WCDM screen, how can we compare Italy and Japan in terms of overall default risk on their debt? Japan has over 3x the total debt of Italy, and a worse credit rating, so its credit...

Answered: 1 week ago

Question

★★★★★

Briefly explain Feeding America (an organization) Operational Model Based on the various operational models (e.g., entrepreneurial support model, market intermediary model, market linkage model,...

Answered: 1 week ago

Question

★★★★★

Since the proposed medication is injectable are you planning on premediating your patients to avoid any potential injection related reactions?

Answered: 1 week ago

Question

★★★★★

2 . As we move forward with the workshop, we will discuss how important it is to communicate to your audience ( as Florence Nightingale did ) . What does the above graph / chart communicate? What are...

Answered: 1 week ago

Question

★★★★★

What do the CIPP and Brinkerhoff models of evaluation add to what is missing from Kirkpatricks model? What benefit, if any, is there to viewing evaluation in this way?

Answered: 1 week ago

Question

★★★★★

According to the text, what is blended learning? What do you think of this as an approach to training new professional employees?

Answered: 1 week ago

Question

★★★★★

According to Nickols, what is a training stakeholder? What are some important categories of training stakeholders? Why is the notion of multiple stakeholders (or constituencies) important to training...

Answered: 1 week ago

Previous Question Next Question